Market news
15.04.2011, 14:47

Techs on EUR/USD

Resistance 3:$1.4770             
Resistance 2:$1.4580             
Resistance 1:$1.4520             
Current price: $1.4412

Support 1: $1.4400                         
Support 2: $1.4350/60             

Support 3: $1.4240                       


Comments: Rate remains under pressure. Minor support comes at session lows on $1.4390/00 with a break below widens losses to $1.4350/60 (Apr 06 high and Apr 14 lows). Below rate may dip to $1.4240 (Apr 07 lows, support line from Jan 10).  Initial resistance is around $1.4520 (Apr 12-13 highs). Above rate may recover to $1.4580 (2010 highs).

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